Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[P_Shep]

Hmm
https://www.bbc.co.uk/news/technology-50924494?intlink_from_url=https://www.bbc.co.uk/news/technology&link_location=live-reporting-story

[1686024063]

1686024063

[1686024063]

1686024063

[1686024063]

1686024063

[akhjob]

^ You missed my Post


Meanwhile in China  

Recently , with the promotion and promotion of blockchain technology , virtual currency trading activities are showing signs of resurgence in the country. Some virtual currency trading platforms provide virtual currency trading services to domestic residents. They have launched zero-interest loans, dual currency wealth management and other projects through digital currency mortgages. Serious violations of the "Announcement on Preventing the Financing Risk of Tokens" issued by the People's Bank of China and other seven ministries and commissions are suspected of engaging in illegal financial activities and disrupting the economic and financial order.

　　The financial management departments, network telecommunications management departments, and public security departments within the jurisdiction continue to maintain high pressure on virtual currency transactions, ICOs and disguised ICOs, and comprehensively use on-site interviews, administrative investigations, website closures, and criminal case filing to combat them.

　　Here, we seriously warn institutions and personnel in Beijing that carry out related activities shall not publicize and promote relevant virtual currency projects or platforms, do not conduct virtual currency business sales or transactions, do not engage in virtual currency transactions or disguised transactions with investors, and shall not engage in Acting on domestic and overseas virtual currency issuance and trading activities, financial institutions and non-bank payment institutions within its jurisdiction shall not provide services for any virtual currency transaction.

　　At the same time, investors are reminded to maintain rationality, strengthen awareness of risk prevention and identification capabilities, beware of being deceived, and report related violations of laws and regulations in a timely manner.

 
　　Beijing Municipal Financial Supervision Administration
　　Business Management Department of the People's Bank of China　
　　Beijing Banking Insurance Regulatory Bureau　
　　Beijing Securities Regulatory Bureau　　
　　 2 019 Nian 1 2 Yue 27 Ri

^ Google Translated

[d_eddie]

I've seen the chimp before he was floored and doored. He was referenced here. (Was it you jojo?)

Too bad I can't recall specific words to search by.  I wasn't actually paying too much attention. Vague recollection: a mechanism with many "arms" (but still needing a base in the corn). The explanation was technical but scattered.  Didn't sound impossible at all.

IOW - What's this roll over paper in the house business about? How does it work ELI12?

https://www.ccn.com/interview-wall-street-vet-warns-of-ice-bringing-bad-banking-practices-to-crypto/

You can also bet your bottom dollar they will be rehypothecating assets.

https://www.investopedia.com/terms/r/rehypothecation.asp

Ah, thanks for the hint Hueristic! What the chimp provided was an elaborate description of rehypothecation. Entirely possible indeed.

[Last of the V8s]

Hmm
https://www.bbc.co.uk/news/technology-50924494?intlink_from_url=https://www.bbc.co.uk/news/technology&link_location=live-reporting-story

agree. fishy.
anyway, it's backfired on them now by making it to BigBlackCock news, so that's nice.

[LFC_Bitcoin]

Any way, Christmas is over, let’s get back to doing what we do best......

Observing walls, checking the price too many times a day & dreaming of the MOON!

[kurious]

Any way, Christmas is over, let’s get back to doing what we do best......

Observing walls, checking the price too many times a day & dreaming of the MOON!

Oi! My tree is still up, mate - for me it's not over. Not yet!

[BitcoinGirl.Club]

Good afternoon WO!
Observing @ $7,182

This is absolutely fine!

[xhomerx10]

Any way, Christmas is over, let’s get back to doing what we do best......

Observing walls, checking the price too many times a day & dreaming of the MOON!

  I wish!

  Bought dad a 1TB SSD for Christmas to speed up his computer a bit and I made the mistake of using an external rig USB3.0/eSata to mirror the old HDD and using Acronis True Image software.  At first, the computer wouldn't recognize the new drive (#$*% Windows).  I had to go into Computer Management > Storage > Disk Management and enable the drive.  I thought his computer had USB3.0 but as it turns out his computer only had USB2.0 and I didn't bring an extra SATA connector so it took 2 hours for the first 2 hours (yeah, shitty timing algo) and then it really started counting down from 2 hours (although not accurately but I had assumed ~20MB/s so I was prepared to wait)... watched a hockey game, daughter and I went out for a bite to eat - my wife went to see Frozen II with mom... I searched around for some Boxing day deals (there were none) and finally we got down to less than 10 minutes to go! Yay!!  Dad yells in from the other room "Uh oh!  It says "Error reading from sector x".  I looked at it and almost cried but I clicked ignore... another one... ignore another and another etc.  I decide to click "ignore all" - the time remaining goes back to 8 hours.  
Took the computer apart, cut some cable ties to free up a power connector and disconnected the DVD (luckily it was SATA), hooked up the new drive, reconfigured the BIOS, rebooted and ran the software again.  This time the countdown timer started at 30 minutes.  Ten minutes later it went to 38 minutes... I went home.  Dad called about an hour later (it was I nearly 10pm) and said "Another error".   "Click on ignore all", I said.  So I just called him now - he says it's all done; hopefully I will finish up soon.  I'm not too optimistic though.  I seem to have given the gift that keeps on giving (me grief!)

 Merry Christmas!
 
edit: I shouldn't complain so much  at least I'm off work

[El duderino_]

^
Damn I was reading and waiting for the climax......

[Dabs]

Hi guys. I hope you all had Merry Christmases! I've been in the Philippines for a little over week, and have not been on here in while.

Aww Christmas with the foreign inlaws. That's probably a bit different for you. Hope its going well!

So effing relieved its over. They've been playing Christmas music everywhere you go since September. I kid you not.

And there's always a picture of Jose Mari Chan ... Christmas starts in the "ber" months and his songs are heard everywhere ... I think he even did some mall appearances just for lulz.

What I like are the ABS-CBN Station IDs .. they had one every year since around 2009, so 11 years of slightly the same, slightly different Christmas themed music. They're all on youtube too, and they don't get really old listening to them as they aren't "standard" Christmas songs.

[Dabs]

Bought dad a 1TB SSD
...
 
edit: I shouldn't complain so much  at least I'm off work

Get him some sort of online backup plan. Or stick in even a slower HDD as mirrored backup thingy. (or set up a NAS in your place so he can use something like crashplan? not sure what's online these days. basically you're the cloud provider or something.)

[xhomerx10]

^
Damn I was reading and waiting for the climax......

 It worked!!  All I have to do now is reconnect the DVD and I have a whole day off to waste!
Anyone need a computer upgrade?  I'm available.

[xhomerx10]

Bought dad a 1TB SSD
...
 
edit: I shouldn't complain so much  at least I'm off work

Get him some sort of online backup plan. Or stick in even a slower HDD as mirrored backup thingy. (or set up a NAS in your place so he can use something like crashplan? not sure what's online these days. basically you're the cloud provider or something.)

 Thanks Dabs but my plan was to speed up his computer.  I was sick of the time it was taking to do anything when he asked me to "fix" something on it.  Cloud would really slow it down wouldn't it?  Internet speed is only 25mb/s here.

[LFC_Bitcoin]

Anyone need a computer upgrade?  I'm available.

I’ll take a wallet.dat upgrade.

If you could just replace mine with a new file containing 10,000BTC that’d be great, thanks.

[NeuroticFish]

or set up a NAS in your place so he can use something like crashplan? not sure what's online these days. basically you're the cloud provider or something.)

I'm not sure that's the best use for NAS. I use at home a NAS as media server and keep everything backed up onto portable HDDs I only update now and then.
Unless you have a smarter NAS where you do HDD mirroring or even better RAID setup, I think that portable HDDs can be a better backup.

I’ll take a wallet.dat upgrade.

If you could just replace mine with a new file containing 10,000BTC that’d be great, thanks.

Set your wallet show the value in bits  , it should look rich!

[VB1001]

This is a modified Phil_S graph, as a result of the inserted data we have a new metric (hatmetric) , that sets the trend in the coming years.

More Hats & Higher Price= hatmetric

[AlcoHoDL]

Anyone need a computer upgrade?  I'm available.

I’ll take a wallet.dat upgrade.

If you could just replace mine with a new file containing 10,000BTC that’d be great, thanks.

You know, when you initialize a Trezor or Ledger, the generated seed could theoretically belong to someone else's wallet. Just imagine initializing your brand new Trezor and finding it already contains 10,000 BTC. Just imagine the feeling! 

Of course, the probability of this happening is near-zero, but still non-zero, so one can dream...

[d_eddie]

Anyone need a computer upgrade?  I'm available.

I’ll take a wallet.dat upgrade.

If you could just replace mine with a new file containing 10,000BTC that’d be great, thanks.

You know, when you initialize a Trezor or Ledger, the generated seed could theoretically belong to someone else's wallet. Just imagine initializing your brand new Trezor and finding it already contains 10,000 BTC. Just imagine the feeling!  

Of course, the probability of this happening is near-zero, but still non-zero, so one can dream...

Of course, there is still the same nonzero probability of some other lucky guy initializing his own device to the same seed as your newly acquired wealth, so one can have nightmares as well.

[Dabs]

Thanks Dabs but my plan was to speed up his computer.  I was sick of the time it was taking to do anything when he asked me to "fix" something on it.  Cloud would really slow it down wouldn't it?  Internet speed is only 25mb/s here.

The cloud is just for backup. The initial backup would take maybe a few days, but after that it will just upload new files or changes. It won't slow down the computer, but in case the drive dies, you have backup of all the files, pictures, whatever.

An external drive functioning as some sort of automated back up or mirror would also work.

The point or purpose of this is to save you the hassle of trying to do any sort of data recover when the drive dies, as drives do die. I just had one of my 1 TB drives die on me, but I knew it was coming and nothing important was stored there except all the latest movies ... imagine if it had family photos ...

[QuestionAuthority]

Hey all, any of you guys know what Bruno’s alt is now? He changes accounts like most people change socks. I need to sent him a pm and can’t seem to find an alt more current than April 2019.

Well, I know he's been out of the action for a while due to real life things I'm not sure I should mention, but your best bet is to PM his Phinnaeus Gage account, as that's the one he uses most often.

He can also be reached on Telegram: @BrunoKucinskas

I thought he lost control of the Phinnaeus Gage acct long ago and went to Gleb. I’ll try Telegram. Thx